Foundations of Business (Standalone Book) (MindTap Course List)
Foundations of Business (Standalone Book) (MindTap Course List)
5th Edition
ISBN: 9781305511064
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Chapter 6, Problem 5DQ
Summary Introduction

To determine: The ways in which strategic plan, tactical plan and operational plan differs and the common aspects among them.

Introduction: A plan is a diagram of the activities by which an company expects to achieve its objectives and goals. It is consequential from the key designed planning procedure; a company's strategic planning is its broadest preparation, created as a guide for real strategy setting and decision making practices.

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